What is the United Nation Industrial Development Organisation (UNIDO) approach to Social Cost Benefit Analysis of a project? Stages need not be discussed.

The UNIDO guidelines provide a comprehensive framework for appraisal of projects and examine their desirability and merit by using different yardsticks in a step-wise manner. The desirability is examined from various angles, such as the impact on: Financial profitability of utilization of domestic resources, Savings and consumption pattern, Income distribution, and Production of merit and demerit goods These different aspects are examined in five stages, each stage leading towards a social benefit-cost of the project.